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Oscar
Mr. Oscar C. N. is 20 years old and lives in a rented house, located in the city of Tarija. Oscar is single and he doesn't have children. He moved to the city of Potosi to look for work and now he works to support himself. For the past year Oscar has been working for a well-known company in the city, selling fast foods including roast chicken, called Crocan Pollo by the company.

On the weekends he uses his sound system to cater special events and it is a good source of income. Oscar wants to improve his income to support himself. He says that he wants to purchase a better sound system to rent it out, given that he already has experience in the field. The loan will be invested in the purchase of a sound system which is necessary for is business. This way he will be able to increase his income.

Oscar wants to improve the quality of his life and he says that the next loan will be used to purchase other sound systems.
View original language description ↓
El señor Oscar C. N. tiene 20años de edad y vive en una casa en alquiler vivienda que esta ubicada en un barrio de la ciudad de Tarija. Oscar es soltero y no tiene hijos, por circunstancias de la vida el se vino de la ciudad de Potosi por motivos de trabajo, ahora el tiene que trabajar para poder salir adelante, Oscar se dedica desde hace mas de 1 año a trabajar en una empresa muy reconocida en esta ciudad la cual se dedica a la venta de comida rápida que es pollo a la broster la empresa se llama Crocan Pollo,

Los fines de semana el trabaja en acontecimientos festivos con su equipo de amplificacion, lo cua l le genera buenos ingresos. Oscar quiere tener mejores ingresos para salir adelante, pero el nos cuenta que quiere comprarse un mejor equipo de amplificación para poder alquilar, como el ya tiene experiencia en el rubro el credito sera destinado para la compra de dicho equipo que es nesesario para realizar la actividad. Para de ese modo poder incrementar sus ingresos.

Oscar nos cuenta que quiere mejorar las condiciones de vida que tiene, por eso nos dice que el proximo credito que solicite sera para la compra de mas equipos para su amplificacion.

Additional Information

About CIDRE

CIDRE is a Bolivian microfinance institution with a strong social commitment to the community. It works to provide quality financial services to rural and peri-urban borrowers, focusing primarily on agricultural loans for dairy farmers and micro-enterprises. CIDRE targets segments of the population that have not traditionally had access to credit, and invests in much-needed community development projects. It is currently working with coca farmers in the Chapare region to replace coca with less controversial crops. Get more involved by joining the Friends of CIDRE lending team.

About Bolivia

  • $2,817
    Average annual income
  • 85
    View loans »
    Bolivia Loans Fundraising
  • $29,011,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Oscar to purchase a sound system.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2011
Listed
Feb 1, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2011